Cyprus Mail
Cyprus

Two arrested for loansharking

Police arrested two men in Larnaca on Tuesday, aged 42 and 22, on suspicion of loansharking.

A Larnaca resident had reported to police the previous day that he borrowed €2,000 from the 42-year-old man last month and agreed to pay a weekly interest rate of 20 per cent, resulting in him owing €3,640.

The 42-year-old and another man, 22, who is allegedly involved, were arrested at 5pm on Tuesday to facilitate investigations.


Related posts

Authorities ready for extreme weather damage (Update 3)

Evie Andreou

Paphos wedding industry sound despite Thomas Cook collapse

Gina Agapiou

Bad weather forces Wizz Air landing at Paphos

Staff Reporter

Civil servants add to list of demands as they seek return of pre-crisis benefits

George Psyllides

Supreme court rejects sentence reduction for man who shot son

Jonathan Shkurko

Buffering the arts

Eleni Philippou